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Saturday, April 17, 2010

GOP Unites to Stop Partisan Banking Bill

Senate Minority Leader Mitch McConnell (R-Ky.) has commitments from every Republican senator to block consideration this week of the Democrats’ Wall Street reform bill, a McConnell spokesman said Saturday.

The unified opposition means Senate Majority Leader Harry Reid (D-Nev.) at this point lacks the crucial 60th vote to begin debate on the bill as it is currently written. But he could still pick off some Republicans to support the first procedural vote known as a motion to proceed by making some changes to the measure.

“All 41 senators agree on the motion to proceed and that the bill is flawed—but can be fixed,” McConnell spokesman Don Stewart said. - Politico Story

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